• yes, the average price may be 60.00

• but this represents only a technical point of mathematics

• it has no fundamental value in assessing GNH or any other junior explorer.

one must consider the fundamentals of a junior explorer and a particular property in order to come up with their individual insitu: price per oz. for gold in the ground begore mining.

some insitu numbers come in as low 10 bucks an OZ. while other choice properties have gone as high as $300.00.

GNH has countless favorable fundamentals which have all been reported many times.

in light of our long list of great fundamentals thus far, (the latest one to have unfolded recently: our recovery rates as reported by sg'x' :)) ... up to 80-90 %), i have estimated the insitu for GNH according to our own fundamentals, well above the average, somewhere between $120.00 to $150.00.

this leaves us undervalued according to our own fundamental insitu (as opposed to the technical average of all junior insitu of 60.00) ... i estimate the current fair value of GNH through the fundamentals of our own insitu, at around 60- 70 cents per share.

it was a great week and thanks to everyone

cheers ....danny